A flat tax reform in an economy with occupational choice and financial frictions

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F12%3A00384720" target="_blank" >RIV/00216208:11640/12:00384720 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/67985998:_____/12:00384716

Výsledek na webu

<a href="http://dx.doi.org/10.1111/j.1468-0297.2012.02527.x" target="_blank" >http://dx.doi.org/10.1111/j.1468-0297.2012.02527.x</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1111/j.1468-0297.2012.02527.x" target="_blank" >10.1111/j.1468-0297.2012.02527.x</a>

Jazyk výsledku

angličtina

Název v původním jazyce

A flat tax reform in an economy with occupational choice and financial frictions

Popis výsledku v původním jazyce

This article studies a flat tax reform and capital tax reform in an economy with occupational choice and borrowing constraints. Building on previous models with heterogeneous agents and the flat tax reform within the representative firm framework, we introduce entrepreneurs as an occupation. We model endogenous entry and exit of firms whose size, number and production decisions are affected by the tax system. We compare steady state allocations in the benchmark economy with a progressive tax schedule tosteady states with a flat tax at different exemption levels with or without a capital tax reform. We find that for low exemption levels the flat tax reform is efficient as well as welfare improving for both occupations.

Název v anglickém jazyce

A flat tax reform in an economy with occupational choice and financial frictions

Popis výsledku anglicky

This article studies a flat tax reform and capital tax reform in an economy with occupational choice and borrowing constraints. Building on previous models with heterogeneous agents and the flat tax reform within the representative firm framework, we introduce entrepreneurs as an occupation. We model endogenous entry and exit of firms whose size, number and production decisions are affected by the tax system. We compare steady state allocations in the benchmark economy with a progressive tax schedule tosteady states with a flat tax at different exemption levels with or without a capital tax reform. We find that for low exemption levels the flat tax reform is efficient as well as welfare improving for both occupations.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/IAA700850602" target="_blank" >IAA700850602: Rovná daň: Model všeobecné rovnováhy</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2012

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Economic Journal

ISSN

0013-0133

e-ISSN

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Svazek periodika

122

Číslo periodika v rámci svazku

565

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

33

Strana od-do

1313-1345

Kód UT WoS článku

000310987000007

EID výsledku v databázi Scopus

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